asked
As an executor of an estate, do I need to file two separate 1040 forms – one for the estate and one for the deceased individual, especially when there are securities and oil leases involved?
June 12th, 2023
I have two 1095A forms, one covering the full year and the other covering the first three months. I changed plans after the first three months. How should I input this information into TurboTax, and do I need to fill out Schedule C if I took the standard deduction and have no self-employment or W2 income?
May 7th, 2024
How can I get a copy of a past year's tax return?
June 4th, 2024
I have been asked to fill out the ACRIS real estate tax forms for a married couple with two children. The father passed away in 2022 and owned a co-op in his name only. The wife wishes to transfer the co-op into her name. Does she become the grantor instead of the husband upon his death? What is considered the condition of transfer and details of consideration?
September 13th, 2023
I received approximately $1700 through my old business PayPal account, which is now labeled as 'goods and services' and will trigger a 1099-K due to a new law. The money was actually transferred from my personal account for personal savings, not for business purposes. The account has since been changed to personal and closed. How should I report this 1099-K on my taxes, and do I need to claim friends and family payments as income if they were made after the account became personal?
March 13th, 2023
Siblings own jointly properties under different LLCs or S corporations. How can they exchange or swap properties where each one will own 100% and be 100% owner of the business entity as well?
May 22nd, 2023